What gives money value according to Austrian theory? a. The fact that it is regulated b. The

Fantastic news! We've Found the answer you've been seeking!

Question:

What gives money value according to Austrian theory?
a. The fact that it is regulated
b. The fact that it is backed by central banks
c. The original value of the good that became money before it emerged
d. The costs of the production of money

Related Book For answer-question

Discovering Advanced Algebra An Investigative Approach

ISBN: 978-1559539845

1st edition

Authors: Jerald Murdock, Ellen Kamischke, Eric Kamischke

See More Books

Posted Date: Nov 19, 2022 12:49 AM

See More Questions

1) List two concepts that you learned in the course - "Economic Analysis of Managers" that has increased your knowledge of managerial business. 2) How do you think these two concepts may help you in...
The calculation of mean that you learned in this chapter the sum of all data values divided by the number of values-is more precisely called the arithmetic mean. Other means include the geometric...
You learned in this chapter that cash is increased with a debit. When you deposit your paycheque in your account, however, the teller might say that he or she is going to credit your account. Why?
What are the two(2) products dimensions that could be used if a position Map/Perception Map were to be created for VIA instant coffee?
Suppose a meta-analysis on the risks of drinking coffee included 100,000 participants of all ages across 80 studies. One of the conclusions was that a confidence interval for the relative risk of...
Two plane coaxial disks are separated by a distance $L=0.80 \mathrm{~m}$. The lower disk $\left(A_{1} ight)$ is solid with a diameter $D_{o}=0.80 \mathrm{~m}$ and a temperature \(T_{1}=300...
The Blue Ox Restaurant recorded a cash collection on account by debiting Cash and crediting Accounts Payable. What will the trial balance show for this error? a. Too much for liabilities b. Too much...
On January 1, 2010, Guiado Company obtained a $140,000, 10-year, 11% installment note from Best Bank. The note requires annual payments of $23,772, beginning on December 31, 2010. Journalize the...
Delta-Gamma-Vega neutral. Q5. On MARCH 1, a portfolio manager expects a market down turn in the 5.1 5.2 next 4 months and decides to use the JUN puts on the S&P500 index in order to protect the...
a. Cyclotron resonance for a spheroidal energy surface. Consider the energy surface e(k) = h 2m, (k+ k k 2m where m, is the transverse mass parameter and m, is the longitudinal mass parame- ter. A...
You consider purchasing a 25-year 1000 par value bond with semi-annual coupons at a nominal rate of 6% convertible semi-annually with a yield of 10%. The bond can be called at: 1200 on any coupon...
In the Stanford Stadium problem with 6 0 0 0 0 seats and two prices ( General Public vs . Student ) , suppose each General Public ticketholder also buys $ 2 0 in concessions resulting in a $ 1 0...
Villareal's nominal GDP increased from $189 billion to $280 billion last year. During the year, its economy experienced inflation, with its price Index increasing from 105 to 112, while the number of...
22. In which disease is the degranulation of neutrophils delayed? A) Myeloperoxidase deficiency B) Defective neutrophil chemotaxis C) Chronic granulomatous disease D) Chediak-Higashi syndrome 23....
Working capital is a key ratio I computed for my clients How is this calculated? How does working capital differ from the current ratio?
China failed to achieve modern economic growth (a long-term per capita GDP growth rate above 1 percent) before 1950. Discuss what economic, social, and geopolitical factors had contributed to China's...
The following are comparative balance sheets for Bramble Company. BRAMBLE Company Comparative Balance Sheets December 31 Assets 2022 2021 Czh $73,500 $32.900 Accounts receivable 86,200 70,600...
Wimot Trucking Corporation uses the units-of-production depreciation method because units-of-production best measures wear and tear on the trucks. Consider these facts about one Mack truck in the...
What are the coordinates of the foci of each hyperbola in Exercise 1? a. b. c. d. e. x = 4/cos t -1 y = 2 tan t + 3 f. x = 3 tan t + 3 y = 5/cos t 4.
Identify each relation that is also a function. For each relation that is not a function, explain why not. a. independent variable: city dependent variable: area code. b. independent variable: any...
Carbon-14 is an isotope of carbon that is formed when radiation from the sun strikes ordinary carbon dioxide in the atmosphere. Trees, which get their carbon dioxide from the air, contain small...
Describe one occasion where you have been influenced to buy a product or engage in an activity as a direct result of an item of corporate communication, eg social media update; and explain what that...
What are the elements of a master budget?
Discuss the potential conflict between using a budget as a motivational device and as a means of control.

What gives money value according to Austrian theory? a. The fact that it is regulated b. The

Question:

Expert Answer:

ANSWER b The fact that it is backed by central banks Central banks play a crucial role in ensuring e... View the full answer

Discovering Advanced Algebra An Investigative Approach

Students also viewed these economics questions